Government, Business, Logistics

Trump Says 'No Bluff!' On the Mexico Tariffs

Mexico Trucks wait to cross the US-Mexico border. (Paul Ratje/Bloomberg News)

Republican lawmakers eager to halt a new round of tariffs on Mexican goods next week have spent days urging the Trump administration to negotiate a solution with Mexico’s government.

Erik Wasson | Bloomberg News
June 5, 2019
Government, Business

US, China Exchange Barbs as Trade Rift Widens Ahead of G-20

China Loren Elliott/Bloomberg News

The U.S. and China exchanged barbs over which nation wrecked trade negotiations, deepening divisions that have laid bare a breakdown in trust between the world’s two largest economies.

June 4, 2019
Government, Business

Factories Feel Trade War Pain as Wall Street Sees Recession Risk

Cars Buddhika Weerasinghe/Bloomberg News

The latest signs of factory weakness — in countries including South Korea, Germany and Japan — underscore the growing threat to the world economy posed by the escalating U.S.-China trade war. The reports came amid a fresh warning from Wall Street about recession risks.

June 3, 2019
Government, Business, Logistics

Air Cargo Carriers Caught in Crossfire of US-China Trade War

Air Cargo SeongJoon Cho/Bloomberg News

President Donald Trump’s intensifying trade war with China dented air cargo traffic even before FedEx Corp. got dragged into the brawl, as companies worldwide reconfigure their supply chains in the face of increasing tariffs.

June 3, 2019
Government, Business, Logistics

Pork Producers, Corn Growers Urge Trump to Reverse on Mexico Tariffs

Pork Dania Maxwell/Bloomberg News

The U.S. National Pork Producers Council urged President Donald Trump to reverse his decision to impose new tariffs on Mexico over illegal immigration.

Mike Dorning | Bloomberg News
May 31, 2019
Government, Business, Logistics

China Puts US Soy Buying on Hold as Tariff War Escalates

Soybeans Daniel Acker/Bloomberg News

China, the world’s largest soybean buyer, has put purchases of American supplies on hold after the trade war between Washington and Beijing escalated, according to people familiar with the matter.

May 30, 2019
Government, Business

Transportation Leaders Examine Market Concerns in Freight Rail Industry

Rep. Peter DeFazio (D.-Ore) Rep. Peter DeFazio by Susan Walsh / Associated Press

The leaders of the transportation policy panel of the U.S. House of Representatives expressed concern about possible unfair trade practices in the freight rail and transit sectors.

Eugene Mulero | Senior Reporter
May 16, 2019
Government, Business, Logistics

US-China Trade War to Worsen Before 2019 Deal, Survey Shows

Qilai Shen/Bloomberg News

Economists expect the trade war between the world’s two largest economies to get worse before it gets better — culminating in a deal by year-end.

May 14, 2019
Government, Business

Trump Says He’ll Meet China’s Xi Amid Deepening Rift Over Trade

Donald Trump President Donald Trump (right) is said to be meeting with China's President Xi Jinping (left) next month. (Artyom Ivanov/Tass/Abaca Press)

President Donald Trump plans to meet Chinese counterpart Xi Jinping at next month’s G-20 summit, an encounter that could prove pivotal in a deepening divide over trade that is sending stocks tumbling and clouding the outlook for the global economy.

May 13, 2019
Government, Business, Logistics

China Defies Trump With Plans to Raise Tariffs on US Products

China Container ships are docked next to gantry cranes as shipping containers sit stacked at the Yangshan Deepwater Port in China. (Qilai Shen/Bloomberg News)

China announced plans to raise duties on some American imports starting June 1, defying a call from President Donald Trump to resist escalating a trade war that is sending stock futures tumbling and clouding the outlook for the global economy.

May 13, 2019